Voice of International Business

Many of us want to know about the operational exchange rate of banks and their application in day-to-day foreign-exchange-related banking activities. Customers receive different amounts of local currency for the same amount of foreign currencies in separate transactions. They often become confused. This article will help you understand the rates applied for different transactions in banks. Trade finance professionals, customers, students, and even resource persons may find this piece of writing worthwhile.  Here we will discuss the definition of the exchange rate, its different types and use, types of quotation, and how different rates are determined.  What is Exchange Rate The exchange rate means the rate at which one currency is exchanged or calculated in another currency. In other words, we can say this rate indicates how many units of one currency (for example, local currency)you need to pay to get one unit of another currency(foreign currency). Conversely, it is the rate at which

In this article we will share a database of Major sectors where investors around the world are investing in Bangladesh. Here we wanted to focus on the fields of business, termed as "sectors".  Bangladesh is one of the fastest growing economies of the world. Because of its present demographic dividend, many non-residents and foreign parsonals are interested to find opportunities to invest there. Almost all the fields of business is doing just nice growth is also very praiseworthy. Major Sectors of FDI: We furnish below the detailed list of Major Sectors of FDI in Bangladesh grouped as per the industry. Type Foreign Direct Investment is undertaken in the following fields: Agro           Agriculture and Fishing Professionals (Agriculture and Fishing) Agricultural Farmers (Agriculture and Fishing) Fishing Professionals (Agriculture and Fishing) Dairy Farmers (Agriculture and Fishing)

Many of the investors want to know, how to make foreign direct investment in Bangladesh. This is because Bangladesh is one of the worlds fastest growing economy.  Did You Know That Foreign Investment Has No Restriction In Bangladesh? Non-residents or foreign personals are free to invest in different industrial enterprises other than some reserved sectors. Industrial Policy from Bangladesh Government has restricted those sectors. There are some major business activities in where FDI is encouraged in this country. (Please read about those business sectors in our post). You can form a joint venture with local investors, or can establish a fully (foreign) owned. Prior permission from the central bank ( Bangladesh Bank ) is not required if investors use their own funds. Investors can get institutional support provided by Government when they are registered with Bangladesh Investment Development Authority   ( BIDA ). Bangladesh has some Export Processing Zones to facilitate export orient